Workout Portfolio Manager Job at JCW Group, Hudson County, NJ

QjQyV28yZE9DVEtOUmZNcUJCWFN6RW4yOUE9PQ==
  • JCW Group
  • Hudson County, NJ

Job Description

Overview:

A local bank in New Jersey is seeking an experienced Workout Portfolio Manager to join their team. In this role, you will support the Asset Recovery Department by analyzing problem credits, assessing financial information, and recommending strategies to maximize recovery efforts. You will collaborate closely with Asset Managers to restructure non-performing or impaired loans, while ensuring compliance with policies, procedures, and regulations. This is a dynamic opportunity to contribute to minimizing loan losses and supporting the overall financial stability of the bank.

Responsibilities:

  • Support Asset Managers in developing strategies for restructuring problem and non-performing loans.
  • Gather and analyze borrower and guarantor financial information to recommend effective workout solutions.
  • Conduct quarterly and semi-annual loan reviews, including status updates, risk rating adjustments, and workout strategy recommendations.

Qualifications:

  • 3+ years of experience in commercial loan portfolio management, lending, or credit analysis/underwriting.
  • Strong financial analysis skills with high accuracy and attention to detail.
  • Excellent communication, problem-solving, and organizational skills.

Job Tags

Local area,

Similar Jobs

Samuel Contract Staffing

Licensed Practical Nurse Job at Samuel Contract Staffing

 ...independent living, basic care, skilled nursing and memory care, as well as short-term rehabilitation and transitional care. Eight and...  ...bonus ~401(k) with a generous employer match and a corporate wellness program. I look forward to speaking with you.... 

24 Seven Talent

Design Room Assistant/PLM Associate Job at 24 Seven Talent

We are seeking a detail-oriented Design Room Assistant/ PLM Associate to serve collaborate between design teams and cross-functional departments. This role ensures will update product details within the PLM system and supports the smooth progression within development....

Compassus

Hospice Director of Clinical Services - Floating Job at Compassus

 ...Company Compassus Position Summary The Hospice Director of Clinical Services - Floating is responsible for modeling the Compassus values of Compassion, Integrity, Excellence, Teamwork, and Innovation and for promoting the Compassus philosophy, using the 6 Pillars... 

ASRC Federal Holding Company

Air Traffic Controller Specialist Job at ASRC Federal Holding Company

 ...veteran employer and Certified Great Place to WorkASRC Federal Communications is seeking an Air Traffic Controller Specialist for our ISS2 contract supporting our Air Force customer. This position is located on Wake Island.It's a rotational position in which the selected... 

AARMY

Studio Manager Job at AARMY

 ...STUDIO MANAGER AARMY is growing - We are looking for another Studio Manager. Accountable for the day-to-day operations of the studio and leading studio team to ensure a higher standard studio experience for athletes. The Studio Manager is a key player in the studio...